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India Eyeing Investment by Saudi, Emirati Oil Giants

India is talking to Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) to invest in a major refinery and petrochemical projects in the western part of the country, ar report said. Minister of Petroleum and Natural Gas Dharmendra Pradhan was quoted by Money Control as saying: "We are talking to Aramco for a mega refinery project."

India plans to set up a 60 million tons per annum (mtpa) coastal refinery in Maharashtra, the report said.